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2012 Trade Policy Agenda 2011 Annual Report

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2012 Trade Policy Agenda 2011 Annual Report 2012 Trade Policy Agenda and 2011 Annual Report of the President of the United States on the Trade Agreements Program Ambassador Ronald Kirk Office of the United States Trade Representative Foreword The 2012 Trade Policy Agenda and 2011 Annual Report of the President of the United States on the Trade Agreements Program are submitted to the Congress pursuant to Section 163 of the Trade Act of 1974, as amended (19 U.S.C. 2213). Chapter II and Annex II of this document meet the requirements of Sections 122 and 124 of the Uruguay Round Agreements Act with respect to the World Trade Organization. In addition, the report also includes an annex listing trade agreements entered into by the United States since 1984. Trade data for 2011, where listed, are annualized based on January to November data. Services data by country are only available through 2009. The Office of the United States Trade Representative (USTR) is responsible for the preparation of this report. U.S. Trade Representative Ron Kirk gratefully acknowledges in particular the contributions of Deputy U.S. Trade Representatives Demetrios Marantis, Michael Punke, and Miriam Sapiro; USTR General Counsel Timothy Reif; Chief of Staff Lisa Garcia; and Assistant USTR for Public/Media Affairs Carol Guthrie, Senior Policy Advisor Holly Smith, Senior Advisor David Roth, and Director of Speechwriting Jeremy Sturchio. Thanks are extended to partner Executive Branch agencies, including the Environmental Protection Agency and the Departments of Agriculture, Commerce, Health and Human Services, Justice, Labor, State, and Treasury. Ambassador Kirk would also like to thank Kimberly Ehrman, Carolyn Esko, and Asa Reynolds for their contributions. March 2012 Foreword The 2012 Trade Policy Agenda and 2011 Annual Report of the President of the United States on the Trade Agreements Program are submitted to the Congress pursuant to Section 163 of the Trade Act of 1974, as amended (19 U.S.C. 2213). Chapter II and Annex II of this document meet the requirements of Sections 122 and 124 of the Uruguay Round Agreements Act with respect to the World Trade Organization. In addition, the report also includes an annex listing trade agreements entered into by the United States since 1984. Trade data for 2011, where listed, are annualized based on January to November data. Services data by country are only available through 2009. The Office of the United States Trade Representative (USTR) is responsible for the preparation of this report. U.S. Trade Representative Ron Kirk gratefully acknowledges in particular the contributions of Deputy U.S. Trade Representatives Demetrios Marantis, Michael Punke, and Miriam Sapiro; USTR General Counsel Timothy Reif; Chief of Staff Lisa Garcia; and Assistant USTR for Public/Media Affairs Carol Guthrie, Senior Policy Advisor Holly Smith, Senior Advisor David Roth, and Director of Speechwriting Jeremy Sturchio. Thanks are extended to partner Executive Branch agencies, including the Environmental Protection Agency and the Departments of Agriculture, Commerce, Health and Human Services, Justice, Labor, State, and Treasury. Ambassador Kirk would also like to thank Kimberly Ehrman, Carolyn Esko, and Asa Reynolds for their contributions. March 2012 LIST OF FREQUENTLY USED ACRONYMS AD ................................................................................... Antidumping AGOA ............................................................................. African Growth and Opportunity Act APEC .............................................................................. Asia Pacific Economic Cooperation ASEAN ........................................................................... Association of Southeast Asian Nations ATC ................................................................................ Agreement on Textiles and Clothing ATPA .............................................................................. Andean Trade Preferences Act ATPDEA ......................................................................... Andean Trade Promotion & Drug Eradication Act BIA .................................................................................. Built-In Agenda BIT .................................................................................. Bilateral Investment Treaty BOP ................................................................................. Balance of Payments CACM ............................................................................. Central American Common Market CAFTA ........................................................................... Central American Free Trade Area CARICOM ...................................................................... Caribbean Common Market CBERA ........................................................................... Caribbean Basin Economic Recovery Act CBI .................................................................................. Caribbean Basin Initiative CFTA .............................................................................. Canada Free Trade Agreement CITEL ............................................................................. Telecommunications division of the OAS COMESA……………………………………………… Common Market for Eastern & Southern Africa CTE ................................................................................. Committee on Trade and the Environment CTG ................................................................................ Council for Trade in Goods CVD ................................................................................ Countervailing Duty DDA…………………………………………………… Doha Development Agenda DSB ................................................................................. Dispute Settlement Body EAI………………………………………………... ....... Enterprise for ASEAN Initiative DSU ................................................................................ Dispute Settlement Understanding EU ................................................................................... European Union EFTA .............................................................................. European Free Trade Association FTAA .............................................................................. Free Trade Area of the Americas FOIA .............................................................................. Freedom of Information Act GATT .............................................................................. General Agreement on Tariffs and Trade GATS ............................................................................. General Agreements on Trade in Services GDP ................................................................................ Gross Domestic Product GEC ................................................................................ Global Electronic Commerce GSP ................................................................................. Generalized System of Preferences GPA ................................................................................ Government Procurement Agreement IFI .................................................................................... International Financial Institution IPR .................................................................................. Intellectual Property Rights ITA .................................................................................. Information Technology Agreement LDBDC ........................................................................... Least-Developed Beneficiary Developing Country MAI ................................................................................. Multilateral Agreement on Investment MEFTA………………………………………………... Middle East Free Trade Area MERCOSUL/MERCOSUR ............................................ Southern Common Market MFA ................................................................................ Multifiber Arrangement MFN ................................................................................ Most Favored Nation MOSS .............................................................................. Market-Oriented, Sector-Selective MOU ............................................................................... Memorandum of Understanding MRA ............................................................................... Mutual Recognition Agreement NAFTA ........................................................................... North American Free Trade Agreement NEC …………………………………………………… National Economic Council NIS .................................................................................. Newly Independent States NSC ................................................................................. National Security Council NTR ................................................................................ Normal Trade Relations OAS……………………………………………………. Organization of American States OECD .............................................................................. Organization for Economic Cooperation and Development OPIC ............................................................................... Overseas Private Investment Corporation PNTR .............................................................................. Permanent Normal Trade Relations ROU ................................................................................ Record of Understanding SACU .............................................................................. Southern African Customs Union
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